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94% of enterprises are overspending in the cloud: report
A vast majority of enterprises globally are overspending in the cloud, according to a new HashiCorp-Forrester report. In a survey that saw participation of over 1,000 IT decision makers across North America, Europe, Middle East and Asia-Pacific, 94% of respondents said their organizations had notable, avoidable cloud spend due to a combination of factors including underused, overprovisioned resources, and lack of skills to utilize cloud infrastructure. Underused resources were among the top reasons behind overspending,…
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